Notable Monday Option Activity: MO, ORCL, COF

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Altria Group Inc (MO), where a total volume of 41,576 contracts has been traded thus far today, a contract volume which is representative of approximately 4.2 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 46% of MO's average daily trading volume over the past month, of 9.0 million shares..
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